Katherine was informed last month that her company was being bought out and that many of the employees may lose their jobs. justin's company did not inform their employees of their impending downsizing and the likelihood that many would lose their jobs. on the same day, both katherine and justin received notice that they no longer had a job. which of the following would be true based on research?
a) both justin and katherine will interpret this event as very stressful.
b) katherine will likely experience more difficulty coping.
c) both will likely experience health problems within the next two years.
d) justin will likely experience more difficulty coping.

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale. required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse. b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this. c. explain the difference between sale of receivables with recourse as oppose to without recourse.